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‘National DIY retailer’ could convert former cinema into ‘bulky goods’ store

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Cineworld unit in Leigh has been vacant since January 2025

The former Cineworld cinema at The Loom retail park, Spinning Jenny Way, Leigh

The former Cineworld cinema at The Loom retail park(Image: Local Democracy Reporting Service)

A former cinema in Leigh town centre is set to be converted into a large DIY store.

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The proposal, recently lodged with Wigan council, is for the former Cineworld cinema at The Loom retail park, Spinning Jenny Way.

In December, 2024, Cineworld announced that the cinema would close and the unit has since been vacant since January, 2025. Cineworld opened at The Loom in 2011.

A supporting letter on behalf of applicant Realty Income Ltd, to change the use of the building to retail, has been published on the council’s planning portal.

It said: “The proposal is made to accommodate a national multiple retailer of DIY, trade and home improvement goods at the site. We note that there are no existing retailers of ‘bulky goods’ in or at the edge of Leigh town centre.

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“In addition, the former B&Q store on Kirkhall Lane, to the north of the town centre, has recently closed down. On the basis that the B&Q store (which is significantly larger than the site) previously served the town, we conclude that the proposal is very unlikely to result in any adverse impacts upon the vitality and viability of Leigh town centre.

“Furthermore, the context demonstrates that there is an identified need to accommodate a new retailer of ‘bulky goods’, which would improve local consumer choice and trade in the wider retail catchment.”

The letter added that the reuse of the former cinema will contribute towards objectives to revitalise Leigh, attract investment and provide services and amenities which meet a demonstrable unmet need in the area.

The application seeks permission for the change of use of the former cinema to enable the unit to be used for retail purposes.

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The proposal will result in a net loss of floorspace at the site, as a result of the removal of the first floor level.

The application works including minor alterations to the existing elevations of the building, the creation of a dedicated service yard, suitable for access by large HGVs, the creation of four oversized spaces for large vans and two disabled bays.

Those changes would result in the net loss of 72 parking bays at the site.

The new Home Bargains store store opened in Leigh last month on the site of the town’s former B&Q store, off Kirkhall Lane.

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The Cineworld building application will be considered by planners at Wigan council in the coming weeks.

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

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Key Dates, Top Players, Rumors and What to Expect as League Year Opens

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Arman Tsarukyan

The NFL’s frenetic free agency period is set to officially launch on Wednesday, March 11, 2026, at 4 p.m. ET, when the new league year begins and teams can sign unrestricted free agents and execute trades. But the real action starts earlier with the legal tampering window — the two-day negotiation period beginning Monday, March 9, at noon ET — where deals are often struck verbally, setting the stage for a whirlwind of roster changes across the league.

Deebo Samuel #19 of the San Francisco 49ers catches a pass against the Miami Dolphins during the second half of their NFL football game at Levi's Stadium on October 11, 2020 in Santa Clara, California. Miami won the game 43-17.
Deebo Samuel #19 of the San Francisco 49ers catches a pass against the Miami Dolphins during the second half of their NFL football game at Levi’s Stadium on October 11, 2020 in Santa Clara, California. Miami won the game 43-17.

With the franchise tag deadline having passed on Tuesday, March 3, teams have locked in or released key players, paving the way for one of the most anticipated offseasons in recent memory. Analysts describe the 2026 free agent class as deep rather than top-heavy, offering value at multiple positions despite lacking superstar headliners.

The legal tampering period, often mislabeled as “tampering” but fully permitted under NFL rules, allows clubs to contact and negotiate with certified agents of impending unrestricted free agents. No contracts can be executed until the official start on March 11, but reports of agreements flood in almost immediately after noon on March 9. This window typically sees the biggest names decide their futures within hours, reshaping contenders and rebuilding teams alike.

Key dates leading up to and during free agency include:

– March 9 (noon ET) to March 11 (3:59 p.m. ET): Legal negotiation window opens. Teams can discuss terms, but signings remain unofficial.

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– March 11 (4 p.m. ET): 2026 league year begins. Free agency signing period starts, trades become official, and all 2025 contracts expire.

The NFL’s official operations calendar confirms these timelines, with the league emphasizing that no prospective unrestricted free agent may sign until the 4 p.m. ET mark on March 11. Trading windows also activate at that time.

This year’s market features intriguing names across positions. Quarterback options include backups and veterans like Malik Willis (Packers), Daniel Jones (Colts) and even Aaron Rodgers (Steelers), though many teams prioritize stability through extensions or drafts. Running back Kenneth Walker III (Seahawks) headlines the position after a strong season, with reports indicating Seattle is unlikely to tag him again. Wide receiver Mike Evans, fresh off announcing his intent to play in 2026 and explore free agency after a storied tenure in Tampa Bay, draws significant interest.

Defensive standouts include edge rusher Trey Hendrickson (Bengals), projected for a high-value deal in tiered analyses from ESPN’s Field Yates and others. Interior offensive line help abounds, offering sensible fits for teams like the Detroit Lions seeking upgrades.

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Analysts note the class lacks elite options at some spots but provides capable starters and depth. ESPN’s Dan Graziano tiered defensive free agents into six categories, highlighting a solid group of edge rushers, linebackers and secondary pieces. NFL Network’s Gregg Rosenthal ranked the top 101 available players, calling the group “incredibly deep” despite consensus views of it being weaker at the top.

Several teams face tough decisions or potential losses. The reigning Super Bowl champion Seattle Seahawks could be hit hard, with Walker and other contributors testing the market. Other squads bracing for departures include those with aging rosters or cap constraints.

Projections abound for where top talents might land. ESPN’s latest piece matched one free agent signing to each of the 32 teams, suggesting realistic fits like Evans to the Buffalo Bills or tight end Isaiah Likely elsewhere. Trades are also in play, with analysts proposing moves involving notable names to address needs pre-free agency.

Cap space remains a critical factor. Teams with room to maneuver — often those who cleared dead money or restructured deals — are poised to be aggressive. The salary cap continues its upward trajectory, giving franchises flexibility to absorb big contracts.

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The combine buzz from late February carried over, with intel on free agent markets, trade talks and quarterback landscapes influencing early decisions. Some players sought deals post-combine, while others waited for the tag deadline.

As March 9 approaches, expect a surge in rumors, reported agreements and instant analysis. The period from March 9-11 often defines the offseason’s direction, with headlines declaring winners and losers before a single official signature.

Free agency remains one of the NFL’s most exciting periods, blending strategy, player empowerment and team-building drama. While the draft in late April garners attention, the moves made in early March frequently prove pivotal to 2026 success.

Fans and analysts will watch closely as the league year flips on March 11, turning speculation into reality and setting the stage for another competitive season.

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At Close of Business podcast March 3 2026

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At Close of Business podcast March 3 2026

Nadia Budihardjo and Ella Loneragan discuss the future of WAAPA in the new ECU campus.

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Wales' richest man says Britain is 'uncomfortable place' for Jews

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Wales' richest man says Britain is 'uncomfortable place' for Jews

The billionaire says “anti-semitism is always in the air” with parallels to the persecution his ancestors faced.

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10 Trades to Watch as Legal Tampering Window Opens March 9

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Arman Tsarukyan

With the NFL’s legal tampering window set to open Monday, March 9, at noon ET, and the new league year kicking off Wednesday, March 11, at 4 p.m. ET, trade speculation is heating up alongside free agency buzz. While signings dominate headlines, blockbuster trades often reshape rosters before free agents even put pen to paper, especially with the franchise tag deadline passed and teams maneuvering around cap space and needs.

Tampa Bay's Antonio Brown celebrates after his record-setting day helped the Bucs to a 45-17 NFL victory over the Miami Dolphins
IBTimes US

The 2026 offseason features intriguing trade candidates at quarterback, wide receiver, edge rusher and more, fueled by contract situations, team resets and contender pushes. Analysts from ESPN, NFL.com, CBS Sports and others highlight players like A.J. Brown, Maxx Crosby and Kyler Murray as prime movers. Here are 10 trades generating the most chatter and why they could materialize in the coming days or weeks:

1. A.J. Brown, WR, Philadelphia Eagles to Buffalo Bills. Brown’s name tops many lists after reports of potential Eagles’ willingness to move him amid coordinator changes and cap considerations. The Bills, eyeing a Super Bowl push with Josh Allen, could offer significant draft capital for the proven playmaker. NFL.com suggested this as one of two trades that “should happen,” noting Buffalo’s urgency to go all-in.

2. Maxx Crosby, EDGE, Las Vegas Raiders to Detroit Lions. Crosby’s trade front has quieted somewhat per ESPN’s Jeremy Fowler, but his elite pass-rush ability makes him a perennial target. The Lions, building a dominant defense, could pursue him to bolster their edge rotation. Bleacher Report and others floated Crosby-to-Detroit hypotheticals, with the Raiders potentially seeking high picks amid a rebuild.

3. Kyler Murray, QB, Arizona Cardinals to Minnesota Vikings. Murray’s future remains uncertain after injury-limited play and coach Jonathan Gannon’s preference for Jacoby Brissett as QB1. The Vikings, seeking a veteran bridge or starter, could offer a Day 2 pick or package. NBC Sports and ESPN combine buzz listed this as a realistic fit, with Minnesota needing QB stability post-Sam Darnold era.

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4. Mac Jones, QB, San Francisco 49ers to Miami Dolphins. Jones, a former first-rounder now in a backup role, could fetch interest from cap-strapped teams like Miami looking for affordable QB depth with extension potential. NBC Sports highlighted Dolphins as a suitor, noting his low 2026 cap hit makes him attractive for teams planning extensions.

5. Trey Hendrickson, EDGE, Cincinnati Bengals to a contender (e.g., Rams or Chargers). Hendrickson requested a trade last year but stayed; now a free agent-to-be, a pre-free agency move could maximize value. ESPN tiers and combine intel point to high demand for his sack production despite age/injury concerns. The Rams, with cap flexibility and Super Bowl aspirations, emerge as logical landing spots.

6. De’Von Achane, RB, Miami Dolphins to a running back-needy team (e.g., Broncos or Bengals). ESPN ranked Achane among the top 15 trade candidates for his explosive speed. Miami’s backfield depth could prompt a deal for draft assets, with rebuilding teams like Denver seeking dynamic playmakers.

7. Brian Thomas Jr., WR, Jacksonville Jaguars to an AFC contender. As ESPN’s No. 1 trade candidate, the young receiver’s upside draws interest despite Jacksonville’s investments. A trade could net high picks if the Jaguars pivot, with teams like the Bills or Ravens in the mix for WR upgrades.

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8. DJ Moore, WR, Chicago Bears to Buffalo Bills or AFC West team. Barnwell’s ESPN proposals floated Moore westward, but Buffalo remains a fit for explosive talent alongside Stefon Diggs remnants or new additions. Chicago’s cap and roster decisions could force movement.

9. Jermaine Johnson, EDGE, New York Jets to Tennessee Titans (or reverse). A rare one-for-one trade involving Johnson and Titans’ Tvondre Sweat was noted in combine buzz, signaling EDGE movement. The Jets’ rebuild could see more defensive pieces shipped for picks.

10. Matthew Stafford-related package or veteran QB moves impacting draft trades. With Stafford’s future in question, Rams GM Les Snead’s history of bold moves — like past Stafford acquisition — could involve trading up/down or bundling vets. Bleacher Report hypotheticals included Raiders trading No. 1 overall or Crosby, shaking free agency and draft dynamics.

These potential deals highlight the fluid nature of the offseason: trades often precede or coincide with free agency to clear cap room, acquire assets or fill holes before March 11 signings explode. Teams like the Seahawks (Super Bowl champs facing cap hits on extensions for Jaxon Smith-Njigba and Devon Witherspoon), Jets (ample picks and cap) and Patriots (post-Super Bowl adjustments) could drive activity.

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Cap space leaders and draft-rich squads hold leverage, but contenders rarely wait. As tampering opens, verbal agreements could spark chain reactions, with trades becoming official March 11.

The league’s emphasis on quarterback stability, defensive fronts and explosive weapons ensures these 10 scenarios — and others — will dominate discussions. Fans should brace for surprises as GMs wheel and deal to reshape 2026 rosters.

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Australian shares drop as conflict realities set in

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Aussie shares rise at start of a busy earnings stretch

Australian shares have tumbled as the deepening Middle East conflict heightens fears around spiralling energy costs and increasingly likely interest rate hikes.

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Saba Capital Management, L.P. sells PIMCO Dynamic Income shares

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Saba Capital Management, L.P. sells PIMCO Dynamic Income shares

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Know when to fold them: the tech inspired by origami

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Know when to fold them: the tech inspired by origami

Origami techniques can add strength to structures without adding bulk.

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Form 144 AGIOS PHARMACEUTICALS For: 3 March

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Form 144 AGIOS PHARMACEUTICALS For: 3 March

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Oil extends gains after new Iran threat to Gulf shipping

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Oil extends gains after new Iran threat to Gulf shipping

It comes after prices surged on Monday and as the US is set to announce plans to deal with the rising cost of energy.

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How should mutual fund investors think about their portfolios amid the US-Israel conflict with Iran?

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How should mutual fund investors think about their portfolios amid the US-Israel conflict with Iran?
The escalation of hostilities between the US, Israel and Iran has once again pushed geopolitics to the forefront of global markets. Missile strikes, retaliatory attacks and fears of a broader Middle East conflict have predictably unsettled investors, with many wondering how to adjust their mutual fund portfolios in this uncertain environment.

According to a note by Axis Mutual Fund, for India, geographically distant but economically exposed, the more relevant question is not whether near-term volatility will rise, but whether such episodes meaningfully alter the country’s long-term investment trajectory. History suggests they rarely do.

Wars and geopolitical conflicts typically trigger short-term market turbulence, but they have not resulted in sustained equity underperformance, particularly when conflicts remain regional. Indian markets have demonstrated this resilience repeatedly, absorbing external shocks, repricing risk briefly and then reverting to fundamentals, the note said.

Also Read | NFO Insight: Will TRUSTMF Mid Cap Fund’s GARV and LIM strategy help identify quality mid-cap opportunities?

Recent moves by the US and Israel to strike Iranian targets have triggered a classic “risk-off” mood among investors, where money tends to flow out of riskier assets like equities and into safer ones such as gold, silver and government bonds.

The conflict has pushed up prices of traditional safe-haven assets. Precious metals like gold and silver have surged as many investors seek protection from market volatility.
Shrikant Chouhan, Head Equity Research, Kotak Securities, told ETMutualFunds that currently the market appears directionless, making it difficult to predict the short-term trend. Markets generally dislike uncertainty, and the prevailing global concerns are keeping sentiment volatile. From a 12-month perspective, current levels look attractive for investing in large-cap stocks.
While investors rarely catch the exact bottom, adopting a staggered investment approach during major declines can help build meaningful exposure. Gradual accumulation at lower levels increases the probability of generating alpha over the medium to long term, Chouhan added.
The note by Axis Mutual Fund highlighted that oil is the most immediate transmission mechanism. India imports more than 80% of its crude requirements, making it sensitive to Middle East instability. A sharp rise in crude prices raises input costs, widens the current account deficit and feeds inflation.

Equity markets tend to react quickly, particularly in oil-sensitive sectors such as aviation, paints, cement and chemicals. However, history shows that oil shocks alone have not derailed Indian equities unless they persist long enough to damage growth and monetary stability.

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Nehal Meshram, Senior Analyst, Morningstar Investment Research India, said mutual fund investors should stay anchored to long-term goals and avoid making reactive portfolio changes based on short-term market moves. During such periods, it is essential to stick to long-term asset allocation across equities, debt and gold.

“Avoid panic selling in equities, as this often results in locking in losses right before markets stabilise. For investors with ongoing SIPs and long horizons, it makes sense to continue investing steadily.”

Meshram further said investors should focus on portfolio quality rather than short-term tactical trades. If markets correct further, consider gradual rebalancing instead of trying to time the bottom. A portfolio tilted towards large-cap, flexi-cap or multi-cap funds can help manage downside risk. One should avoid taking excessive exposure to small-cap or narrow sector themes during such volatile periods.

Also Read | NFO Insight: Will TRUSTMF Mid Cap Fund’s GARV and LIM strategy help identify quality mid-cap opportunities?

Periods of geopolitical stress typically strengthen the US dollar, putting pressure on emerging market currencies, including the rupee. The note by Axis Mutual Fund showed how the Nifty has behaved over the past 15 years during conflict-driven stress events such as Arab Spring or Middle East unrest (2011), Uri surgical strikes (2016), Russia-Ukraine war (2022), Israel-Hamas conflict (2023), and Operation Sindoor (2025).

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During the Arab Spring or Middle East unrest in 2011, it was a volatile year, driven more by global growth fears than geopolitics, and markets recovered as domestic fundamentals stabilised. During the Russia-Ukraine war in 2022, the Nifty 50 fell 5% on invasion day but finished the year in positive territory, despite oil shocks and aggressive global rate hikes.

At the time of Operation Sindoor in 2025, initial market jitters gave way to stability as escalation risks remained contained, reinforcing the market’s tendency to look through short-term uncertainty.

The note said the pattern is consistent: conflict-driven drawdowns are shallow and temporary, while longer-term returns are dictated by earnings growth, liquidity and domestic demand.

Also Read | Silver and gold ETFs jump upto 18% as US-Israel attacks on Iran fuel safe-haven demand. What should investors do?

Anshi Shrivastava, Head – Personal Finance Training at 1 Finance, told ETMutualFunds that given current market volatility due to global conflicts, Indian investors should remain calm and focus on long-term investment goals. Mutual funds typically experience only brief declines before recovering.

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While sharing how the benchmark indices have performed around various geopolitical events, Shrivastava said that for equity mutual funds, maintaining a 10-15 year investment horizon is important to achieve optimal growth. Currently, adding gold and silver to a portfolio is advisable.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

If you have any mutual fund queries, message ET Mutual Funds on Facebook or Twitter. We will get them answered by our panel of experts. Do share your questions at ETMFqueries@timesinternet.in along with your age, risk profile and Twitter handle.

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